Spring Valley Sublease

Spring Valley

Office Space Market Report

Number of Listings (last 90 days)
46
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,530
As of: February 20, 2017

Spring Valley Rates

On average, listings lease in the $20's per square foot per year. The Spring Valley submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decrease in rent.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Spring Valley region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Spring Valley Listing Supply

In the last 90 days, 46 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the listings in the Spring Valley are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,530 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 2005 and are Class B.

Spring Valley Community

Market Report

Trends and status of the commercial real estate market in Spring Valley.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Spring Valley.
Research